(BLACK PR WIRE) ATLANTA, GA, January 30, 2008 – Dr. Charles Steele, Jr., President of the Southern Christian Leadership Conference (SCLC) bestowed the civil rights organization’s prestigious Presidential Award upon Denise Harrod, Vice President of Corporate Affairs, CompuCredit Corporation (NASDAQ: CCRT), during the SCLC’s annual Rev. Dr. Martin Luther King Day Service Awards Breakfast held in downtown Atlanta. The Presidential Award is presented to recipients in recognition of their leadership in the struggle for economic justice through the political process.

“Denise Harrod and David Hanna, CompuCredit’s CEO and Chairman, have been with SCLC every step of the way as we address the urgent problems facing America’s financially underserved population,” said Dr. Steele. “We are so pleased to recognize CompuCredit as we work together to not only educate and inform, but also to help consumers gain access to the financial education products and services they need for their financial empowerment.”

“On behalf of David Hanna, our Chairman and CEO, and all of our 3,600 employees, I accept the SCLC Presidential Award with gratitude and humility,” said Ms. Harrod. "We are most honored to be recognized on Dr. King’s holiday, and we look forward to continuing our partnership with SCLC on a range of programs and services.”

SCLC and CompuCredit entered into a partnership last year to extend the scope and reach of the civil rights group’s Economic Empowerment Initiative. That initiative includes a financial education campaign and an ongoing examination of ways to help more Americans access credit through improving and maintaining higher credit scores, thereby enabling them to receive more favorable rates for credit products.

“We should never forget Dr. King’s words regarding economic justice,” said Dr. Steele. “Dr. King said that ‘our struggle is for genuine equality, which means economic equality.’ That struggle continues today at the SCLC as we work with CompuCredit and others in the community to address the real issues regarding lack of access to financial services -facing so many Americans.”

About CompuCredit Corporation
CompuCredit Corporation is a specialty finance company and marketer of branded credit cards and related financial services. CompuCredit provides these services to consumers who are underserved by traditional financial institutions. Through corporate and affinity contributions focused on the underserved and un-banked communities, CompuCredit also uses its financial resources and volunteer efforts to address the numerous challenges affecting its customers. For more information about CompuCredit, visit http://www.CompuCredit.com .